Vantage Announces $1.6B Investment From ADIA, GIC – Confirms Yondr Johor Deal

Vantage Data Centers on Thursday announced that it has secured $1.6 billion in investment for the expansion of its Asia Pacific platform from Singapore’s GIC and the Abu Dhabi Investment Authority, saying in the same statement that it would acquire a Malaysia data centre campus from Yondr Group.

The announcement of the trade of the more than 300MW data centre Johor project between the two DigitalBridge portfolio companies confirms reporting by Mingtiandi last week, with the investment from the two sovereign funds said to be providing financing for the Malaysian acquisition.

“This significant investment marks a pivotal milestone in our APAC growth journey,” said Jeremy Deutsch, president of Vantage Data Centers for Asia Pacific. “With the support of GIC and ADIA, we are positioned as one of the largest providers of sustainable AI and cloud digital infrastructure in the region. Adding the Johor campus to our portfolio will bring our APAC footprint to 1GW of capacity. This acquisition enables Vantage APAC to continue to deliver scale and speed for our customers.” 

The deal comes after Yondr, which was acquired by DigitalBridge and Canada’s La Caisse in a deal which closed on 1 July, had leased the entire 96MW first phase of the campus in Johor’s Sedenak Tech Park to Oracle, with the US tech giant said to have also signed up for an additional 96MW in the campus, according to industry sources who spoke with Mingtiandi.

Oracle Occupies, Investors Follow

“We are pleased to partner with Vantage, alongside DigitalBridge and ADIA, to support the development of data center infrastructure across the Asia-Pacific region,” said Boon Chin Hau, chief investment officer for infrastructure at GIC. “As a leading global data center developer and operator, Vantage is well-positioned to meet the growing demand for data center capacity in the Asia-Pacific region.”

With the Yondr project, which occupies a 72.5 acre (29.3 hectare) site, Vantage is expanding its APAC portfolio to 1GW of operational and planned IT capacity, including projects in Australia, Japan, Taiwan and Hong Kong, as well as earlier company facilities near Kuala Lumpur. 

Dubbed JHB1 by Vantage, Yondr had handed over the 24MW first phase of the Johor project to Oracle in June – six months ahead of schedule – as its first operational facility in APAC, according to an earlier company statement. 

Oracle is understood to have taken a 15-year lease on the Johor project in a deal which includes an annual 2 percent escalation clause. Industry sources speculate that with Yondr’s APAC portfolio also including a Tokyo data centre project through a partnership with Japan’s Marubeni Corporation and an announced venture in Jakarta, the US-based firm’s APAC operations will be absorbed into Vantage, which is controlled by a DigitalBridge fund. 

“This is an exciting moment for Vantage as it accelerates its expansion across Asia-Pacific,” said Jon Mauck, senior managing director and head of data centers at DigitalBridge. “GIC and ADIA have been trusted, long-term partners, and their continued support underscores confidence in Vantage’s ability to execute at scale in high-demand markets.”

The investment from GIC and ADIA, as well as the Johor campus acquisition, are expected to close in the fourth quarter of 2025, subject to customary closing conditions, Vantage said in the statement.

News of the potential deal between Yondr and Vantage had first been reported by Bloomberg.

Southeast Asia in Focus

“This expansion of our existing relationship with Vantage, one of the world’s leading developers and operators of hyperscale data centers, aligns with our strategy of investing in infrastructure that enables digitalization,” said Khadem AlRemeithi, executive director of the infrastructure department at ADIA. “This new commitment supports the growth of Vantage’s APAC platform at a time when advances in AI and cloud computing are driving regional demand for data center capacity.”

ADIA and GIC are committing to Vantage’s expansion as markets like Malaysia and Thailand become focal points for digital infrastructure development. 

Oracle last October said that it would invest more than $6.5 billion in AI and cloud computing in Malaysia, including setting up a cloud region specifically for country. Google, Microsoft and AWS have all announced plans for cloud regions in Malaysia over the past year with Google and AWS making similar commitments to the Thai market.

The announcement from Vantage came one day after Bain Capital said that it had sold the Chinese  wing of the data centre business once known as Chindata to a local consortium for $3.9 billion. Having raised $2.8 billion for its Singapore-based Bridge Data Centres portfolio company in March, the US private equity player is now focusing on expanding that platform beyond its base in Malaysia and Thailand.